Item 8.01 Other Events.
On January 22, 2020, Network-1 Technologies, Inc. (the "Company") announced that
the U.S. Patent and Trademark Office issued U.S. Patent No. 10,540,391 ("Methods
For Using Extracted Features To Perform An Action"). The claims of the newly
issued patent are generally directed towards methods of content extraction and
identification, including performance of actions following therefrom.
The newly issued patent arises from a patent application contained in the patent
portfolio acquired by the Company from Professor Ingemar Cox in 2013 (the "Cox
Patent Portfolio"). Since the acquisition of the Cox Patent Portfolio, the
Company has filed thirty-four (34) additional patent applications, thirty-one
(31) of which have been issued bringing the total Cox Patent Portfolio of
granted patents to thirty-six (36). Three (3) applications relating to the
original specification are still pending and the Company anticipates further
issuances of additional claims for its Cox Patent Portfolio. A copy of the press
release is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
99.1 Press Release dated January 22, 2020
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